News & Insights // New Policies and Increase in Limits of Indemnity

CLS launch new HIP Search Validation and Building Standards policies

CLS are pleased to announce the expansion of our ConveySure® suite of defective title and legal indemnity policies with the addition of two new products - HIP Search Validation and Building Standards. 

The HIP Search Validation policy validates the answers provided on a search within a HIP where the search is up to 12 months old. The policy can be used with official and personal searches, with cover provided in perpetuity. 

Our Building Standards policy provides cover where there is a lack of NHBC and/or architect's certificate, with the term of the policy being for the period of the mortgage. 

Both policies offer diminution in value and a 200% escalator clause as standard. 

In order to enhance our existing suite of 
ChancelSure® and ConveySure® products, CLS has increased the limit of indemnity available online up to £3 million. Higher limits of indemnity are available for bespoke requests. 

To discuss these new policies or any of our market leading suite of products please contact our underwriting team on or 01732 897530. Alternatively contact your CLS Business Development Manager.